Forex: $161.34 to one US dollar

KINGSTON, Jamaica — The foreign exchange market in Jamaica witnessed a day of mixed movements on Friday, October 3, as the US dollar remained stable while other major currencies experienced declines. According to the Bank of Jamaica’s daily exchange trading summary, the US dollar closed at $161.34, showing no change from the previous trading session. In contrast, the Canadian dollar saw a dip, ending the day at $115.84, down from $117.23. Similarly, the British pound also recorded a slight decrease, closing at $216.85 compared to $217.17 the day before. These fluctuations highlight the dynamic nature of the global currency market, with the US dollar maintaining its resilience amidst shifting economic conditions. The Bank of Jamaica continues to monitor these trends closely, providing essential insights for investors and policymakers navigating the complexities of international finance.